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Search Results 0 to 49 of about 2,760 (some duplicates have been removed)
Sep 30, 2012 3:00pm PDT
for europe. langer, '91, faced that six footer against hail irwin. mind numbing, crushing pressure. that was to retain it, also. >> same length. a fade putt and this is a little draw putt that's really an easy putt, quote, unquote, just inside right edge. just got to hit a good putt uphill. can't imagine the pressure. >> europe has pulled off the improbable. the lone miracle at medinah. >> woods and molinari's match behind them. doesn't mean a thing. as europe retains the cup. the point by martin kaymer. >> it's probably going to be a 14-14 outcome with europe retaining the cup. because tiger's back in the fairway with a 1-up lead. another look. martin kaymer, who has been on the course just once at this ryder cup. sat down all day yesterday. and jose maria olazabal, who was on the other end of that comeback by the americans in '99 keeps the cup for europe. and this time, the americans are on the other end of them. >> what a feeling that must be. to battle your heart out all day. you get a 1-up lead at the 17th. and you know the cup stays in the hands of europe. time and time again
Sep 30, 2012 6:00pm EDT
to win the ryder cup r for europe. langer, '91, faced that six footer against hail irwin. mind numbing, crushing pressure. that was to retain it, also. >> same length. a fade putt and this is a little draw putt that's really an easy putt, quote, unquote, just inside right edge. just got to hit a good putt uphill. can't imagine the pressure. >> europe has pulled off the improbable. the lone miracle at medinah. >> woods and molinari's match behind them. doesn't mean a thing. as europe retains the cup. the point by martin kaymer. >> it's probably going to be a 14-14 outcome with europe retaining the cup. because tiger's back in the fairway with a 1-up lead. another look. martin kaymer, who has been on the course just once at this ryder cup. sat down all day yesterday. and jose maria olazabal, who was on the other end of that comeback by the americans in '99 keeps the cup for europe. and this time, the americans are on the other end of them. >> what a feeling that must be. to battle your heart out all day. you get a 1-up lead at the 17th. and you know the cup stays in the hands of europe.
Sep 6, 2012 11:00am PDT
annenberg media narrator: europe is perhaps the region most associated with supranationalism-- the voluntary association of three or more countries. one example of supranationalism is the european union-- an economic alliance designed to improve european competitiveness in the world economy. but this alliance is more than just economic. it is also europe's attempt to forge a community with common values, even as individual state identity is maintained. strasbourg is located on the border of france and germany and has endured centuries of conflict between those two nations. today, it is one seat of the european union-- a symbol of modern unity. as political boundaries become more permeable, perceptions of place change as well as deeper, more personal meanings of national identity. when state boundaries become porous, what does it mean to be french or german or european? strasbourg serves as one of three centers for the european union. this medium-sized city of 250,000 is not a major player in europe's financial or industrial arenas. so why is it playing such an important role
Sep 10, 2012 2:30pm PDT
that the pot of money that is going to be available will be less. >> stocks in europe took a breather on monday after a big rally at the end of last week. our correspondent has more from frankfurt. >> people on the floor were nervous and optimistic at the same time. share prices went this way and that way. in the end, there was not much movement in the dax. at the same time, there was optimism -- optimism on the promise of a european central bank to buy lots of government bonds of countries. above all, the optimism, the hope that the csn would be given the go-ahead -- the esm would be given the go-ahead by the constitutional court on wednesday by germany. what would happen if there was a no from the constitutional court judges -- people would rather not think about that. probably it would come to a severe downward correction, a severe slide that nobody really knows about ahead of time. >> let's get a closer look at the numbers. in frankfurt, the dax is not doing a lot on the day. unchanged. similar story for the euro stoxx 50, seven at 2528. in new york, the dow jones industrial is down just fr
Sep 13, 2012 11:00am PDT
europe, the port of liverpool was a thriving maritime gateway to the english manufacturing heartland. forged in the first age of global commerce, it received the bounty of the british empire. but containerized shipping technology has drastically reduced the labor force, permanently changing the urban and economic geography here. can liverpool make the transition from an industrial-revolution seaport to a center of the information revolution and the service economy? ( kids actively conversing ) merseyside in the beginning of the 21st century. this is the small city of bootle, just north of liverpool. neighborhoods like this have fallen on hard times. what never changes is the love of soccer. ( crowd cheering ) in a pub around the corner, the grownups root for the liverpool football club. it's a passion. ( yelling, cheering ) the old men here once worked the docks downtown. for the young men, that's rarely an option now. ( oohing ) this is a tale of two nearby cities, united perhaps only by their support of liverpool soccer. one is the story of gritty neighborhoods that once housed the
Sep 20, 2012 11:30am PDT
region in spain, which itself is far from the center of europe. in this case study we will examine: the relative location of a european hinterland; the historical geography of a region at the crossroads of civilizations; the economic geography of a region wishing to grow from agriculture to industry; and the development of transportation infrastructure to overcome the disadvantage of distance. the expo "cartuja '92" commemorated the 500th anniversary of the discovery of america, which began from here in andalucía, spain. celebrating the frontiers of science and technology, promoters hoped the building complex would attract hi-tech firms after the expo ended. ( speaking spanish ) translator: the expo helped us, but now it's over. what we're going through now, is a post-expo recession. ( interviewer speaking spanish ) translator: what do you think of the expo? translator: very nice, but now it's over and right now things have never been worse in andalucía. translator: what are you going to do? translator: the same as i've ever done-- wait. wouldn't it be possible to get work elsewh
FOX Business
Sep 16, 2012 2:30am EDT
this, we can not continue trying to solve europe's problems, with its national solution. the solution is more international rescues. someone here says that means more u.s. tax dollars. well, hello, i'm cheryl casone. welcome it "cashin' in". we have wayne rogers, jonathan, tracy burns, john, and joining us this week, sally cohen is with us. welcome. tracy, you say this talk of nations coming together to rescue europe is bad for taxpayers in this country. >> cheryl, this whole kumbaya stuff is expensive. we send money to the imf, they send it to europe. is anybody in europe paying attention to the austerity measures? no. everyone keeps saying he did it. no one takes any blame for anything anymore, including here at home. we keep bailing our own selves out. it has to stop or no one is going to fix anything. why should you when you just expect the check is coming in the mail. >> should we be bailing out europe, in fact, because what happens over there keeps killing our markets here. it's been nothing but problems for two years. >> the problem with europe started by greece, they lied abou
Sep 8, 2012 7:00pm EDT
? >> as the ecb finds ammunition for its bazooka, and revolution is brewing in spain. this week as europe tries to get its house in order, we meet a brave heart fighting a battle for financial freedom. >> the europe of the people. the europe of the wants to do not have anything. the unemployed. people who demand a new reality. >> and new evidence it may be too late to save our icecaps. >> the volume of ice and goes up in the winter and down in the summer. but it has been declining for the last some 30 years. it is now at the lowest level since records began. the euro at any price? that seems to be the model of the head of the european central bank. mario draghi's plan is to buy bonds to try to stop those country's debt by becoming uncontrollable. unlike greece, there will be no punitive austerity measures. seems like spain and is concentrating his mind. it is there that as it is the greatest chance of a congregation. our economics editor is in madrid. >> this is a significant moment. there is a bailout fund for europe but is not enough to bail out madrid. they needed something bigger and that's
Sep 11, 2012 2:30pm PDT
's debate on the esm. the inquiry -- and certain future of europe is in states like grease makes things difficult enough. germany says for the fun to work, troubled countries must implement reforms. >> without such reforms, nothing is going to happen in the member states. that is called conditionality. conditionality is an indispensable requirement for every european aid program. that is in that treaty. >> that government says germany's proposed budget for 2013 is solid. revenues are expected to reach 283 billion euros compared to expenditures of 302 billion. that would amount to a debt of 19 billion next year, but that is down from this year's 32 billion. >> germany has become much more shock resistant to. our power of resistance to such events has grown. >> but that is not enough to offset the opposition's concerns. >> your plans assume there will be no crises or downturn between now and 2016. who can believe or assume that? >> they can only hope. if the esm goes ahead, germany will be all -- will be liable for 190 billion euros. but for that to happen, the constitutional court needs
Sep 27, 2012 12:00am PDT
>> rose: welcome to our program. tonight, we go to it europe. first the prime minister of italy, mario monti. >> we are all part and parcel of a wider thing called the euro zone and the european union. and it is not enough-- it is imperative but it is not enough that each of our countries puts its own house in order. we also need to have a better governance of the whole, not only of the parts. and this is happening month after month because the european union as a whole is improving. >> rose: and then the foreign miminister of france, laurent fabius. >> we have to fulfill our role, and today we do not. but if this massacre continues, i think, first, it will have terrible effects on the region. and maybe-- well, our principle, as evidence saying, is to comply with the international legal rules. but the time comes where the human pressure is too strong. and maybe the time is coming. >> rose: in order, it may be a time that you have to act, even though you cannot get security council approval? >> it could be. you know when you have such massacre, you cannot say never. >> rose: mari
Sep 30, 2012 2:30am EDT
to the "wall street journal report." i'm maria bartiromo. worries about europe return and what about the fiscal cliff? the market shoves on. what it means for your money. >>> the woman who kept the banks in business during the financial crisis. my conversation with former fdic chair sheila bair and the story she couldn't tell while she was on the job. >> so many lives are lost every day because of lack of access to clean drinking water. >> the remarkable partnership between a renowned inventor and corporate america that could save untold lives. it's the real thing. the "wall street journal report" begins right now. >> this is america's number one financial news program, "wall street journal report." now maria bartiromo. >> here's a look at what is making news as we head to a new week on wall street. disappointing news on the broadest measure of the size and strength of the economy in america. the reading of the gross domestic product shows the economy grew at a rate of 1 1/3 percent for the quarter down the previous reading of 1.7%. much of the change due to poor farm production in the midwest
Sep 26, 2012 11:00pm PDT
of the euro zone, the whole of europe, and the global economy that a country which is the third largest country in the-- the third largest economy in the euro zone has not added the weight to the series of local fires that have been happening. i believe that, also, the huge interest shown, for example, from this side of the atlantic, vis-a-vis italian developments can only be explained because of the risk that was attached to italy being derailed, and the hope that we have been putting italy back on the rails safely. >> rose: i would think that the most difficult thing for most governments, if you believe there was a need for austerity, to be able to make the political argument to the citizens of a country, true in greece, true in spain, true in italy. what's the argument that you believe enabled you to find the right balance? well, i don' know whether it is the right balance. i can tell you what arguments i used. very simple ones. saying we risk-- if we continue like this, that the government will not be able to pay salari salaries. the wages in the private sector would have to be shar
Sep 23, 2012 1:00pm PDT
in europe. we are appalled when we hear that our everyday goods are made by children or by adults working under conditions not seen in europe for generations, or at least we assume those conditions no longer exists in europe. as our report from finland shows, not every worker here has their rights guaranteed. >> these cuts in the east of finland are just as basic as the ones they left behind in thailand. it is 4:00 in the morning. the cramped sleeping quarters are shared by five people. they wear orange jackets for safety. >> they help us to find each other in the forest. >> but they do not have much protection from mosquitos or from the cold. it is hard work. they have only been here for two weeks, and they are already feeling the strain. it is a great smile, but cold weather and homesickness are bringing him down. >> thinking about my family is the only thing that gets me out of bed. >> like many others, the thai farmers came to northern europe in the hope of earning good money by picking berries despite the risks. >> i need the money to pay my debts and to get by. i am saving for my ch
Sep 11, 2012 7:00am EDT
-- to stay on not to stay. it is all about europe as holland's prepares to vote. turkey has refused to extradite iraq that if you did to rise president after he was sentenced to death in a set -- in absentia. the turkish prime minister said hashimi can stay in turkey as long as he wants to. james reynolds has this. >> tariq al hashimi is meant to be on death row in baghdad, but instead we met him at a hotel in turkey. iraq that the vice-president dismissed the iraqi court that a verdict. >> the verdict was not -- from -- was not a surprise to me. i thought this verdict to be taken by this unreliable trial. >> this is the man he blames for the verdict, iraq that the prime minister, north al-maliki. the two men lead iraq that a rival communities of sunnis and shias. iraq's vice president said he was prepared to go back to iraq under two conditions. >> i am ready any time, provided that security is prepared for me. and fair trial. >> does it mean the trial without the government of north al-maliki? >> the problem we are facing, james -- the case of the accusation. let us talk about how
Sep 15, 2012 4:30am PDT
to handle europe's debt crisis, and now say -- some say this election is another chance for the socialists to take back power. >> it is an oasis in the otherwise vibrant city of amsterdam -- a community project that seems stuck in another time. hear, the left-wing ideals of the 1960's and 1970's live on. everyone pitches in without being paid. some work in the organic garden. others in the kitchen or the community store where used clothes and housewares are given away for free. caterina helps out twice a week in the store, a painter by profession. here she says she can live out her ideals. >> left is on the site where the heart is. >> we are trying to be as non- commercial as possible. we are environmentally conscious, child friendly, socially engaged. we take care of people here in the neighborhood. people can come here and drink coffee or celebrate, even if they do not have much money. >> people here would like to change the world, but many seem to doubt that the revolution will happen at the ballot box. this man does not know if he will vote himself. he says there are no truly left- win
Aug 31, 2012 7:00pm PDT
that as kind of a reassurance and europe as a beginning. although with a three-day >> susie: so what was the reaction from bankers at that jackson hole conference? i talked with alan blinder, the former vice chairman of the fed and now a professor of economics at princeton and asked if he agreed with the wall street assumption that bernanke gave the go-ahead today for more stimulus for the economy. september 13 that is the next fed meeting for some kind of action, does that make sense to you. >> it does make gives - distance to the election. these days the feds carnlts -- can't keep out of politics but they would like to it's super close to the election. i think if you let it go more we are talking about after the election. they are giving off vibes saying they are more eager than that. >> as you know many peopledebatd policy so far. chairman bernake made a good defense and saying the more we do the more good it does for the economy. your thoughts on that. >> i think they have beeneffect. there was a numerical estimate in his speech that seemed like on the high side to me. a
Sep 26, 2012 1:00pm EDT
. >> good afternoon. two years ago when there were protes in europe it sent the american markets tumbling. that's not the case today. however the clear escalation on the violence on protests in europe is a reason to pause. for that we join our chief international correspondent who is monitoring the unrest in spain and greece. >> we are waiting to see if there will be more unrest this hour. we have been monitoring on twitter calls for people to come out and protest again, similar to what we saw last night. that would be troublesome. there was a lot of violence in madrid as thousands of protesters tried to surround the parliament shouting, let us in, we want to evict you. the reason they are protesting is because on thursday the government will reveal budget reforms, changes to cuts in social spending, rising taxes, we're pretty sure of as well. we don't know the details yet. they know it will be painful and they are unhappy pause they have suffered a lot. this is a country with high levels of unemployment. in the last hour, the prime minister of spain has been speaking with editors at the
Sep 6, 2012 6:00pm EDT
in europe, even if the politicians have no skin in the game. if europe can avoid financial catastrophe then the outlook for many companies that do business over there improves dramatically. of course if we have a lehman-like event in europe the politicians can take pride it happened over there, not here. but if you are an international consumer packaged goods company, a global financial company or worldwide tech company you care about europe as much as the u.s. the european central bank's unified position among germany and weaker countries, your sales might rise, earnings might gain. especially because a weak euro is hurting your profits when they translate to strong dollars. the on sut might occur in the euro rally has staying power. i'm not minimizing the nonfarm payroll employment tomorrow. it will play a role in how stocks trade. in fact, it might be playing a role. we had three precursors today. weekly jobless claims figures pointing to a decent number tomorrow. there is an intersection between plux and business right there that can matter to both politicians and traders. but inve
Sep 9, 2012 7:30pm EDT
crisis in europe and bring down borrowing rates for italy, spain and portugal. they will buy government bonds with maturities of three years or less and will have no limit to the amount that they can buy. countries that want ecb assistance would have to apply for it and meet economic reforms. the program will be monitored by the international monetary funds. the markets like that plan a lot. a monster rally on thursday fooling that announcement and the dow and s&p 500 getting three-year highs and nasdaq posted a nearly 12-year high. stocks continued to rise on friday. auto sales continue in high gear. gm rising 10% from a year ago. ford up 13%. chrysler criming 14% and toyota up a whopping 46%. that's compared to earthquake related supply disruptions last year. all came in ahead of expectations and annual sales rate stands at 14.5 million cars. >>> it is an extraordinarily busy and important week from the jobs numbers to the ecb plan but there are plenty of other things to pay attention to as well. joining me to talk about that is black rock's chief global investment strategist ross koe
Sep 18, 2012 6:30pm PDT
. >> thank you. >> one of europe's most important route -- most important museums, the louvre and paris, has an entire wing dedicated to islamic art. >> the french president used the occasion to denounce muslims who destroyed ancient shrines. he says islam is more tolerant than the extremists to climb to speak for it. >> the museum on thousands of cultural treasures from the islamic world which will not be on display for the public. >> the new islamic wing of the world famous museum was officially opened by the french president. islamic art works from the islamic world that have been collected over hundreds of years have their own building on the grounds. it's enough space to display 3000 objects, three times more than usual. he sees it as a way to promote trust, and peace. the goal is to increase the knowledge of islam and the west. >> the honor of the islamic civilization lies in being the oldest, most likely, most tolerant than some of those who wrongly claimed today to talk on their behalf. >> at a cost of almost 100 million euros, it was financed mostly by the french government and the
Sep 9, 2012 5:30am PDT
. mario draghi announced plans to help to fight the fiscal crisis in europe. and the ecb will buy government bonds with three years of make maturity or less, and will have no limit on the amount they can buy. they would have to apply for it and meet economic reforms. the markets like that plan a lot, a monster rally on all three indices on thursday, following that announcement. the dow and s&p 500 hit three-year highs, and the nasdaq posted a nearly 12-year high. stocks continued to rise on friday, and gm rose 10%, chrysler, climbing 14%, compared to earthquake related supply disruptions last year. all of those companies came in ahead of expectations and the annual sales rate in the u.s. now stands at 14.5 million cars. it is an extraordinarily busy and important week from the jobs numbers to the ecb plan. but there are plenty of other things to pay attention to, as well. joining me is the chief investment strategist, russ koesterich. thank you for joining us. >>> thank you. >> 96,000 jobs created, fewer than the market expected, but the unemployment rate did fall to 8.1%. what is
Sep 21, 2012 7:00am EDT
up to date. still to come on "g.m.t.," new tensions emerge between islam and the west about europe's largest collection of islamic arts goes on show in paris. in the north of england, robbers brazenly -- worth $1.6 billion in just a few minutes in full view of shoppers. they have an act and crowbar. here is the report. >> yesterday evening, one of manchester's smartest department stores was full of customers, mass men stormed inside and committed a robbery. smashing cases with crowbars and more than 100 watches were stuffed. more than 100 pounds worth of watch was gone in 80 seconds according to the owners of the watch concession. the show room itself -- police say the jewelry taken is likely to be sold off in less luxurious surroundings. >> we don't encourage any member of the public who is off for the high end high value watch to contact the watch -- contact the police. give us a show and we can make the necessary inquiries to see about these items. >> when they grabbed what they could, the men swept back out of the shop wait aggregateaway car. it was later found abandoned. today
Sep 29, 2012 9:00am EDT
yesterday's morning foursomes, but the americans getting the better of europe yesterday afternoon. let's get you update on the matches that started just about 40 minutes again. a beautiful shot from the bunker. by justin rose after his partner, ian poulter, put it there. rose sets poulter up for a birdie at the very first hole and poulter, who just seems to be wired for this type of competition, first putt of the day is in for a birdie and poulter and rose quickly take the 1-up lead. and then the second shot at the par 4 3rd. this was webb simpson. again teaming up with bubba watson from 86 yards out. stiffs it. that produces a run for the united states as watson and simpson have squared it up. bradley and mickelson who went yesterday against lee westwood and luke donald. this was phil mickelson at the opening hole, par 4 433 yard hole. mickelson stiffs it. that set up a u.s. win there at the first, but a birdie to have it. could have had it as donald had a chance at it as westwood hit a nice approach there, but it was a 1-up lead for bradley and mickelson, then bradley and westwood, 381 yar
Sep 9, 2012 5:00pm EDT
from the meeting in europe going on right of to next week's meeting the fed and the chinese lowdown. but we thought we would start with europe -- the chinese slowdown. it would be unfair to predict things if they're not going to be disproved in at least 47 minutes. but at this time, the press conference from draghi will be in an hour. vincent, if there is some kind of indication there will be bond purchases from the european central bank, the programs are countries that do program -- that do have programs, could you get out of that? is the contract as it was with the european central bank -- they jammed a trillion euros of liquidity into the bank in two operations and you could see the money in the bank. in this case, what they're saying is we will support on a conditional basis economic reform programs that will stop in mid stream at such time they don't comply with that economic conditions. how much confidence will investors get out of that? >> with regards to the repurchase operations, it's true they were delineated. but they were also in direct government support because they re
Sep 22, 2012 8:15pm EDT
between the rich and the poor here as opposed to the countries of western europe we were the most egalitarian of countries. now we are the least. we have outstripped everybody else because our capitalism has been relatively robust and when capitalism can do its thing, it polarizes and when a polarizes, it creates an awareness which is probably also occur to you. if a growing number of people are having a hard time and there are are a shrinking number of people collecting enormous wealth, it will occur to you that this is happening and it may develop a resentment against the other group. if you have a system like capitalism coexisting, not that you have to, but if you have a system of capitalism coexisting with a democratic society in which everybody has both in the following insightful occur to a lot of people. week, the majority, are really getting screwed in the economy. the way to fix it, to reverse it, to offset it is to use the political system to get that result. in the political system we can rearrange so that what we lost in the economics which have become more and more un
Search Results 0 to 49 of about 2,760 (some duplicates have been removed)